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Massive overexploitation of titanium reserves in Binh Dinh
Too many titanium mining projects have been licensed in the central province of Binh Dinh, leading to overexploitation of the resource, a provincial official said.
Nguyen Kim Phuong, Director of Binh Dinh Province Department of Industry and Trade, said about 30 titanium mining projects have been approved by both provincial and central governments so far. The combined output has reached 620,000 tons per year, which is much higher than last year’s figure of 230,000 tons and the target of 230,000 tons for this year, Phuong said.
He called for tightened control over the licensing of titanium projects in the central province.
According to a previous plan for the development of titanium projects in Binh Dinh, the annual titanium output was expected to reach only 100,000 tons by 2025, not including 45,000 tons of slag.
Titanium is used to produce strong lightweight alloys for the aerospace industry, sophisticated electronic devices and nuclear plants.
Binh Dinh has estimated titanium reserves of more than 10 million tons in protected forest areas along the coastal districts of Phu My and Phu Cat, and Quy Nhon Town.
thanhnien, vietnamplus
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